Roman Sterlingov Receives 12-Year Prison Sentence for Crypto Money Laundering 🔻

> Roman Sterlingov, the founder of the longest-operating cryptocurrency mixer on the darknet, received a prison sentence of 12 years and 6 months from the U.S. Department of Justice

> According to the U.S. Department of Justice, Sterlingov was accused of laundering hundreds of millions of dollars through a cryptocurrency mixer called Bitcoin Fog over a decade

> Prosecutors indicated that Sterlingov conducted approximately 1.2 million Bitcoin (BTC) transactions using Bitcoin Fog from 2011 to 2021, with an estimated value of around 400 million dollars during that period

> U.S. Attorney Matthew M. Graves stated that Sterlingov’s operation of the mixer facilitated illegal activities

> Sterlingov was acquitted by the competent court on charges of money laundering conspiracy, operating an unlicensed money transmitting business, and unlicensed money transmission

> In addition to his prison sentence, Sterlingov will forfeit …